Reporting
The reason financial reporting works is because it’s standardised. Non-financial reporting (also called CSR, sustainability, ESG or SDG reporting) isn’t there yet, but not for lack of trying. The trail includes the Toxic Release Inventory (1986), EMAS (1993), GRI (1999), AA1000 (1999), CDP (2000), A4S (2004), IIRC (2010), SASB (2011), r3.0 (2012), Future Fit Benchmark (2016) and Value Balancing Alliance (2019). Now, GRI and SASB are collaborating to achieve coherent messaging, and the World Economic Forum has a project with the Big 4 accounting firms called ‘Toward Common Metrics and Consistent Reporting of Sustainable Value Creation’. It’s all progress.
— Wayne Visser
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From Purpose Inspired: Reflections on Conscious Living, Volume 3. Buy on Lulu ↗